Morgan Stanley Initiates Coverage On Sealed Air with Equal-Weight Rating, Announces Price Target of $39
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Sealed Air (NYSE:SEE) with an Equal-Weight rating and set a price target of $39.
September 04, 2024 | 10:52 am
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NEUTRAL IMPACT
Morgan Stanley has initiated coverage on Sealed Air with an Equal-Weight rating and a price target of $39, indicating a neutral stance on the stock.
The Equal-Weight rating suggests that Morgan Stanley sees Sealed Air's stock as fairly valued at current levels. The price target of $39 provides a specific valuation benchmark, but the neutral rating implies no strong expectation of significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100